Trade in Technological Knowledge and the National Advantage

@article{Rodrguez1975TradeIT,
  title={Trade in Technological Knowledge and the National Advantage},
  author={C. A. Rodr{\'i}guez},
  journal={Journal of Political Economy},
  year={1975},
  volume={83},
  pages={121 - 135}
}
The optimal trade and licensing policies for a country which is the only owner of the technology to produce a good are developed in a general-equilibrium two-countries model. The analysis emphasizes the monopolistic position of the owner of the technology, and is essentially static in the sense that no process of generation of new technology is considered. The optimal behavior obtained turns out to entail (a) the full exploitation of any monopoly and/or monopsony power that the owner of the… Expand
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